Principal acquires adviser tech provider RobustWealth

Post on May 30, 2018

Principal Financial Group will acquire digital wealth management platform RobustWealth, a move that provides additional distribution for its mutual funds, exchange-traded funds and insurance products, according to a company statement.

“RobustWealth fits well with Principal’s model because it can incorporate a broader swath of products — mutual funds and annuities,” [said] Sean McDermott, senior analyst at Corporate Insight.

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